Majority Lao state-owned power generation firm, EDL-Generation Plc (EDL-Gen), is seeking strategic private partnerships in neighbouring countries to boost its total capacity by 25% to fulfil growing regional energy demand. It plans to increase its capacity to 2,435 megawatts by 2029 from 1,949MW currently. The additional capacity will come from hydroelectric power plants currently in […]
Read MoreSINGAPORE, April 28 — For the first time since Covid-19 struck, the total number of people in employment in Singapore — excluding foreign domestic workers — has expanded after four straight quarters of declines, early estimates from the Ministry of Manpower (MOM) showed. Unemployment rates have also eased, although they remain “far from pre-pandemic levels”, […]
Read MoreThe increase in app deletions shows that Vietnamese e-commerce platforms need to improve the quality of services in order to retain customers. AppsFlyer and iPrice Group analyzed 12.4 million shopping app installs on Android devices in 2020 to learn about consumer behavior. The results showed that the removal rate of e-commerce applications in Vietnam was […]
Read MoreMANILA, Philippines — International arrivals in the first quarter declined by about 98 percent as the government imposed a travel ban on foreigners, tourism data obtained by The STAR showed. Visitor arrivals from January to March declined to 29,383, from 1.39 million during the same period last year. Inbound travel was still allowed in the […]
Read MoreA document outlining the new colour-coded designations for city areas indicates that garment factories and other manufacturing facilities in Yellow Zones may be allowed to re-open in earnest by April 29. “All work activities, occupations and businesses” are deemed “permitted” for those living and working in Yellow Zones, according to an outline detailing the COVID-affected […]
Read MoreThe Export-Import Bank of Thailand has thrown a credit lifeline to small Thai businesses in CLMV countries that have been hit by the pandemic as well as the crisis in Myanmar. EXIM Thailand is offering the SMEs a 3-year credit facility of up to THB20 million at 3.99 per cent interest per annum. Meanwhile, its […]
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